I added to my GE position, buying 10,000 @ $16.90.
Disclaimer: If you buy GE because of this post, in the year of the Dragon, great conflicts will besiege you in Europa, while dark clouds descend upon your loved ones in Mesopotamia. And, you may lose money.
Joined Nov 10, 2007
23,444 Blog Posts
You fool
Fuck you Jeff. Pay me my 8% divi.
And you better not say “SHAM-WOW.”
So I should sell the puts I’ve been holding since last November? I guess a 1100% return is sufficient.
JMHO
As long as Crude is gonna trade down, the market will NOT hold these gains.
Crude is down $1.50
You ruined my company Immelt.
Putz!!!
Sell into this rally. I agree with Donny this will not hold. Watch the oils like XOM and CVX they pull this market both ways
Master Fly, what are you smokin? You said yesterday that drugs were bad.
Fly – you gotta wait until that bitch clears 17.14 to be making this buy.
I’ve been trading large lots of SRS and my wife can’t understand the grocery bill. Some days I come home with $253,000 hot dogs and some days I come home with $280,000 checks and rich mans whiskey.
Guy Adami should get an honest job, like re-selling my rags for $99.99, instead of suckering assholes into buying his bullshit newsletter.
Tell Adami my rags practically sell themselves. Each rag holds 20 tons because they’re made by Germans, and you know those fuckers know how to make good shit.
My rags are the real deal. Don’t be fooled by imitators.
Sham-WOW!!
“Tell Adami my rags practically sell themselves. Each rag holds 20 tons because they’re made by Germans, and you know those fuckers know how to make good shit.”
ROFL
“Donny Says:
JMHO
As long as Crude is gonna trade down, the market will NOT hold these gains.
Crude is down $1.50”
Don’t think so. The commodity to watch is no longer oil. I would watch gold now. Reason for this is that the Fed has made it clear that they won’t allow anyone to fail. “Anyone” to them are solely financial institutions. Everyone else can go away as far as they are concerned. What this means is that industrial companies can shrink to zero as oil contracts. While oil is down today, Gold is up, and it will continue to go up in my opinion due to a Fed unwilling to allow anything to fail.
GE is a great play, and I compliment Fly on his guts to buy it. I agree with him. Time to buy financials.
Yes this would be a nice place to sell with some relatively tight stops. I might just do that. Or maybe not!
Take a look at UNG. Looks like Nat Gas has bottomed. Bottom at 26.00 tested 3x in the last month. I am in at $26.80. I can’t see Nat Gas going much lower, but that is just my opinion.
Fly – Alpha had it right yesterday when he commented on yesterday’s move was the 50% retracement of the move up. FWIW I still think we’re gonna have that “neck snapping, head popping” bear market rally that will squeeze the eyeballs out of the bear’s heads.
This slow motion short squeeze looks so fucked.
Too late to buy, too scared to short. I’ll sit out until 2:30 pm
Dear Fly,
After careful study of this new chap, “Chart Addict”, I’ve decided to cancel my subscription to your services, effective immediately. This new kid is young and hungry. Do you remember when you were hungry??
Between him and the Woodshedder’s Bamboo Rod System, I feel I will be in more capable hands. So please consider this email just a friendly “cease and desist order.” No more emails promoting stocks like SRS and SKF.
Warmest Regards…
Look on a valuation basis the SHAM-WOW is a buy. Traded down yesterday on massive volume. Look for Home-Depot to make them an offer.
Off to dye my lettuce and watch the Rangers
Does anybody else consider the idea of $1.50 gasoline for an extended period entirely ridiculous?
Market Fool… i was discussing that topic with some people yesterday. Although it’s quite out there, we were kindah leaning on the price of oil being manipulated so that we don’t get a global panic. Lower energy costs = more consumable income.
Long SNDK to 10, ONXX to 30
This fucking market blows goat dick. It’s just too damn hard to trade. I’m folding up shop and going the fuck home. I’ve had enough of this down big one day, up big the next shit for one life.
I am going to hang myself and then be reincarnated as a big 3 auto company, or some big assed money center bank. I’ll live high on the hog off government money and blow smoke in the face of dumbassed middle class taxpayers who allow this stupid shit to happen.
Two words come to mind looking at that hot Victoria Secret model:
Sham-WOW!!
Gio – I totally agree that lower energy costs = good for everyone and economic growth/stability.
I just have a hard time wrapping my brain around the fact that just 5 months ago I was paying $4.69 with the thinking it was going higher.
Crazy times indeed.
GS getting weaker in this up market. They are trying to bake in the numbers that come out on the 15th. What is the chance of them pre-announcing?
I am calling bullshit on the YHOO leak, that whatshisface is raising money to buy them. Bullshit. Someone wants to sell into strength.
Private equity wants to pay a premium in this market? When they could acquire in the open market?
BS I say
I’ve been trading large lots of SRS and my wife can’t understand the grocery bill. Some days I come home with $253,000 hot dogs and some days I come home with $280,000 checks and rich mans whiskey.
The Old Jokes home called and said if you didn’t stop beating this hot dog thing to death, they were going to call social services on you.
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